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is cutting his holiday vacation short, returning to washington tomorrow to continue talks to try to avoid that automatic tax hike and spending cut combination. that's the same day that congress returns to town. before the president left town on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. reports say white house staffers have been quietly working with senate democrats to come up with a plan to avoid the fiscal cliff, but little progress has been made. >>> a chinese ratings agency is putting the u.s. on negative watch citing troubles with long-term debt issues. on a statement on its web site, global credit says each political party insists on the proposition favorable for its own interest. it expects u.s. debt to rise to 105% of gdp this year and warns the country will probably fall into recession in 2013 if there's no resolution to the fiscal cliff. last year, it cut u.s. treasuries from a to a-plus with a negative outlook. >>> and the holiday shopping season is drying to a close. early numbers sug
just need to feel better. cheryl: do something. come back to washington, first and foremost. dennis: a musical about some guy singing about his real feelings. lori: we are looking at the markets. tracy: i would like to see that, but i have not. lori: i have only seen it on broadway. stalks off to a tough start. early numbers point to a tough season. tracy: a nice and shiny fiscal cliff. president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow components are under pressure. hewlett-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at some m
sought. >>> president obama will cut his hawaiian vacation short today and return to washington to take part in "fiscal cliff" negotiations. >>> holiday sales grew at a weak pace this year. the weakest in four years. mastercard advisors spending pulse reports that sales in the two months before christmas increased .7% over last year. a lot of analysts expected sales to be up 3 or 4%. but wait, there is more. when i worked in retail when i was in college, christmas was busy enough. but the day after christmas? it was unbelievable! cbs 5 reporter cate caugiran is in san leandro where after- christmas shopping has already started. >> reporter: yes, brian. it started at 5:00 this morning at the bay fair center in san leandro. according to a consumer reports poll about 1 in 7 adults will return a christmas gift so that's part of it. for the other part i'm joined live now with keith mchugh with the shopping center here braving the rain with us, as well. thank you so much for joining us. >> my pleasure. >> reporter: what brings shoppers out here the day after christmas? it's the holiday, you t
they have been more cautious with their holiday spending because of the uncertainty in washington. economists warn it could get worse and the markets could be foiled if we go over the fiscal cliff. taxes will go up for the average american by about $2,000 and could put us back into a recession. >> which nobody wants to see. kristen welker in hawaii. the president is coming back, but they haven't gotten the 48 hour notice. they are very much out there in play. thank you very much for joining us. appreciate it. when the senate returns tomorrow morning, there will be a new emphasis on members taking a larger role in the fiscal cliff negotiations that based off the current offer may only have a smaller deal. a member of the budget committee and outspoken voice on the left side of the aisle. thanks for joining me. good morning. >> mire pleasure. >> we were saying a lack of urgency in washington to deal with the fiscal cliff and being a member of congress especially a respected member of the senate and what do you think is possible at this point on any type of a large scale deal. what d
. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if anything can get done in the next six days, the ball is in the senate's court. the capitol is a ghost town. neither chamber in session. an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate demo
members will be here in washington tomorrow, but we'll be hearing crickets on the house floor. nbc news has learned the republican leadership has not given representatives the 48-hour notice to return to work, another sign of inaction on the fiscal cliff front. joining me now for our daily fix, mr. jonathan capehart, msnbc contributor and "washington post" editorial writer. jonathan, we're just six days away, no indication from house republicans that they are going to come back any time soon. the leadership has gone mum on that. we know there's not been communication between boehner and mcconnell, obama and boehner. are you amazed with this short amount of time to go there seems to be no sense of urgency on either side? >> am i amazed, given what we went through with the debt ceiling, no, i'm not amazed. i think there are forces here in this town that would like for us, sure people would like for there to be a deal, but going over the cliff on january 1st when there's this notion where it's not really a cliff, it's a slope, it's a curb depending who you talk to, that you can repair the
the politicians in order in washington, self-order and self-restraint. all of those disappeared as a result of the "me" generation and you say that obama is the epitome of a the "me" generation president that he sees things from his perspective and won't bend. >> the original metafor, you do have guardrails on a highway, people drive 75 miles per hour and occasionally someone gets out of control and drives too fast and you don't want them going over the cliff so to speak, you want to protect them. well, that was, i argued back in the 1960's, remember when people were sit inning in the universities, a nonnegotiatable demand. a thing called nonnegotiatable demand and that was society and people became more self-righteous and self-directed rather than understanding we had to operate within certain rules. i do think it has infected washington. i mean, i would call president obama one of the most self-righteous presidents we've ever had. david: president reagan, for example, stood for concrete things and didn't bend on the principles, because they had the guardrails that allowed them, it made it
. that is what people in washington bureau. let's be realistic about this. the president owns the economy at the end of the day, whether he wants to admit it or not. this is his job. i was there in 2003 in the second round of so-called bush tax policies came to the house. the house house wanted $550 billion in cuts. all they could get was $250 billion. it was a compromise. george bush came down and met with our conference and said, you guys thought the good fight, this is what i mean, need, let's go and take what we can get, with a $250 billion and the problem is solved. gerri: i don't see that exactly. [talking over each other] [talking over each other] >> can you imagine? can you imagine lyndon johnson sitting on the sidelines while something like this was going on? gerri: i cannot imagine lyndon johnson going anywhere but washington and sitting there, quite frankly. something that is new out this afternoon, senior administration officials in hawaii, saying that it up the gop. that gop leaders should not stand in way of coming to resolution of the fiscal debt crisis. what do you say to
, windy in new york city and long island, washington, detroit, memphis and out west san francisco with a different storm system impacting that region. right now moving forward you can see heavy bands of snow throughout indiana and illinois, sliding to the east and we have severe weather breaking out, i've been tracking the thunderstorms all morning long and they are strong and intense across parts of the chair lie in as. notice the red and the green that indicates higher cloud tops, we're getting intensity and rain and it's that part of the country we're watching out for severe weather. we may see tornadoes break out. today we're looking at heavy snow across illinois, indiana and ohio, it could be a foot or more moving forward and two areas of pennsylvania and new england tomorrow. this storm is not over yet. >> all right, bonnie, thanks so much. >>> now we turn to the bizarre and trangic shooting in upstate new york on christmas eve. two firefighters were shot and killed after responding to a call that a house was on fire and this morning we're learning more about the shooter, hi
and they want want to have that happen. second of all these are deal mayors. they came to washington to get deals done. and they see the result, the goal as a deal to get past this rather than looking at the numbers. the folks on each side eve are looking at the numbers and they say the deficit would be in better shape and the economy in the long run is in better shape. they are looking long term. the deal makers in the center are looking right now and say they are scared of the political consequences and we are not quite sure how the numbers end up, the last thing we need is a rescission. >> reporter: steve vin dinin in washington. thank you. >> reporter: new information on a horrified christmas eve tragedy as a note left by this ex-con suggests that he planned to kill first responders and possibly some of his own neighbors when he set this massive inferno, it happened on monday, after that before shooting two firefighters who arrived at the scene to help. trace gallagher live from our west coast newsroom with more on this disturbing story. trace. >> reporter: police say that note from 62-
heading back to washington tonight to restart the negotiations on the so-called fiscal cliff. if mr. obama and congress can not agree on a stopgap measure, automatic hikes and spending cuts will hit americans jan 1. peter doocy live in washington with more on this peter, what is the latest? >> reporter: gregg, the president said on friday he would see it this week and maybe if lawmakers went back to home districts to drink eggnog and eat cookies and sing christmas carols maybe they would be more in touch with the hardship so many americans are going to face if the fiscal cliff is not avoided. >> there is a mismatch right now between how everybody else is thinking about these problems. democrats and republicans, outside of this town and how folks are operating here and we've just got to get that aligned. >> reporter: the president's wife and daughters are going to stay in hawaii to continue vacationing. we're told the president may rejoin them or he may not. it all depends on how negotiations progress in the next few days. gregg: well, you know what, peter? there's not lost love between boe
, washington. >> airlines have already canceled 5,000 flights this week because of the weather. even more cancellations are expected over the next couple of days. there are already significant delays this morning at indianapolis and dayton, ohio. the nation's airports are expected to be busy once again today as people start heading home after their christmas gatherings. it's wise to check your airline first to check flight status. >>> heavy rain meant worries for people on the peninsula preparing for more flooding along the san fransesquito creek. crews from the city and california conservation corps spent a lot of christmas stacking sandbags on the levee to keep the creek out of gardens neighborhood. there's already been some flooding from ver buena verbena drive to areas in the neighborhood. it made for a less than happy christmas. >> kids didn't wake up in the morning thinking they have to help their parents clean up the yards and cars. >> people were evacuated from one unsafe home because water got into the electrical outlets. east palo alto is working on a long-term solution to the f
to washington to resume negotiations to avoid that fiscal cliff. congress will also be returning on thursday, and we will finally see if they can come together and make an agreement. >> and the clock is ticking. we are now just days away. and the one thing that we off forget, this fiscal cliff, this isn't some small cliff we're talking about. this is like road runner, wylie coyote way off that cliff. you come off that cliff, it is a long way down. there are serious consequences for all of us. >> spending cuts, taxes raised across the board. and the president was hoping that everyone could cool off, drink of eggnog, spend time with the family and when you get back to washington on thursday, let's hammer it out. but a lot of people are saying it doesn't look like it may happen at all. >> a lot of people will be celebrating on new years. when we wake up january 1, there might be a lot of upset people. >>> in other very important news, perhaps the most important news of the night, trenton, ladies and gentlemen, remains in the hands of the hessians. yeah, george washington didn't cross the delawa
together to fin common ground. not grounds, ground. >> all of the bickering in washington, all it will take is a cup at starbucks, i think it will push everybody over the edge. get a deal. >>> ahead, a u.s. marine who languished in a mexican prison for months, gets to spend the holidays at home with his family. >>> coming up, we'll talk to one of the lawmaker who's helped win his release. you're watching "starting point." ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] no
of their members back to washington for a vote. they promised they would give members 48 hours to get back hi here. the earliest is not until 2:00 or 2:30 on friday, but we are looking at a much later arrival. if they can get a deal done, they will hammer it out into new year's eve and new year's day. >> do you hope we are close to a deal? >> i'm at a loss for words. i wish i had a clue what's going on. i don't know whether we are closer to a deal. it's no indication that the two sides have done anything to bridge their differences. the president moved from 1.6 trillion to $1.2 trillion in revenue to $400,000 and shown flexibility on corporate taxes and boehner came with a plan b and can't even get the caucus to support it. i don't know where we go from here. if boehner and obama sat down, we would be able to come up with an agreement. >>> we looking at the most likely scenario being a partial deal and maybe spending the first few weeks in january to hammer out something more concrete and long-term? >> absolutely. what may happen and what a lot of economists and others have been predicting for a m
at the washington national cathedral. this happened on christmas day. the head of the cathedral's alter guild says that the angels were made in loving memory of the children that were lost so tragically. the sandy hook angels will be on display through sunday, january 6th. >>> showing solidarity with newtown, connecticut. in practices for the football team's upcoming russell athletic bowl, the players' helmets feature a sticker honoring the victims from the sandy hook shooting and the 2007 virginia tech shooting. the stickers are in the shape of a ribbon with the word prevail and the number 58. that number represents the total number of victims killed in these two tragedies. >>> sadly too many children are victims of gun violence every single year in this country, and according to the fbi's most uniform crime reports, between 2006 and 2010, 561 kids under the age of 12 were killed by firearms. that number does not include gun-related deaths that authorities ruled as accidental. the 2011 numbers on how many kids were killed by guns, that's expected to be released in the spring. >>> this morning s
. >>> also this morning president obama cutting short his vacation in hawaii, heading back to washington that. will happen tonight to work on a fiscal cliff deal. don't wait for washington to reach a deal by the end of the year. coming up, what you can do right now to minimize the impact on your own bottom line. >>> jessica simpson used the holiday to confirm she is pregnant once again. she tweetd a picture of her 7-month-old daughter maxwell with the words "big sis." >>> in mobile, alabama, for us this morning, jim cantore. good morning. >> reporter: good morning, savannah. storm prediction center said we had as many as 34 tornadoes yesterday. average for the month of december is 26. church behind me here heavily damaged, two sections of the roof have been torn off and dropped below. christmas morning, that church was full of people and parishioners attending christmas service. power poles have been taken down as well. the last thing people in mobile expected on christmas day was to be cleaning up after a tornado. >> oh, my god! look at that. >> reporter: this was the scene in downtown mobil
an hour, it's the winds. whether we see winds in washington or new york already slowing down travel tonight, they won't see the snow accumulation. it's the winds with this system that's a big deal. indy gusts to almost 40 miles per hour. roanoke, virginia to dchicago. we're talking a big geography in terms of the impacts of it. here's where the blizzard warnings are in. that's for 6 to 12 inches of snow coupled with winds at 40, 50 miles per hour making it difficult to see and visibility is down near zero. that's kind of the blizzard warning scenario. there's the blizzard warning. you can see that in areas of indiana and illinois and moving into ohio. these in the pink are winter weather warnings, so we'll see that. here's the snow. 12 inches at the very least, and in upstate new york, suzanne, we will see at least 12 inches of snow. so the timing in and around western new york, we see the snow tonight to tomorrow. i know you travel a lot, and it's those big cities in and around new york and new jersey and washington, big-time travel delays at the airports. already canceling hundred
, to be proud of. >> my grandmother on a farm from washington had no electricity an outhouse and she watched the first run to the moon. >> i hope that happens some day. >> it has been 40 years since we left the moon. mes of the apollo astronauts. the roar kiss wanz role. the space program has continued. technology of the space shuttle mars rover. human accomplishment to apollo or capture the imagination of younger americans. edward our nation mal ket. she has to kurn his car. we can learn agnew the lesson apollo showed us. if we america set our sight on a goal and sum monday the fill to goal and sum monday the fill to aleve it, even the sty [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the
flurry of gun buying. >> chip reid in washington, thank you. police in newtown got a break today. officers from nearby communities worked the shifts there so that the newtown p.d. could have ingsstmas off. it's been 11 days since the shootings. tiny christmas stockings with the names of the victims are hanging near sandy hook t allntary. a candlelight vigil is scheduled to last all day today. h6 candles-- one for each victim shot at the school. volunteers are taking three-hour shifts to make sure the flames don't go out. ye're now one week away from the so-called fiscal cliff. heven days for the white house and congressional leaders to reach a budget deal to avoid tax increases for nearly every american. president obama is on vacation in hawaii, and that's where we find nancy cordes tonight. nancy, what can you tell us? >> well, jim, still no conversations today between owmocrats and republicans on how to avert the fiscal cliff, which is a sure sign that the senate majority leader, harry reid, a democrat, is working on crafting legislation on his own that he would essentially dar
, indiana, ohio and moved into washington, d.c. it's just a fast-moving, longlasting violent thunderstorm complex. >> after charging 800 miles, 22 were dead and 5 million were without power. number five, the dallas 22. there's an old myth that tornadoes don't hit big cities. >> it was so scary. remind you of "the wizard of oz" when the tornado hit and everything going around and around. >> caused nearly $1 billion worth of damage within 24 hours. number four, deadliest tornadoes. >> take it away from us, lord. >> tornadoes took up three slots in our top ten countdown. but this was the deadliest. march 2nd and 3rd, 70 confirmed tornadoes killed 7 people in the northwest. hurricane isaac. >> isaac was a killer. >> the country held its breath as the levees. >> reporter: yet again. plaquemine's parish was tested. by september, 66% of the u.s. was in some degree of drought. the dry weather is expected to continue into 2013. and this could become the costliest natural disaster in u.s. history. and number one, superstorm sandy. >> this historic superstorm made landfall over the most populated ar
Search Results 0 to 21 of about 22 (some duplicates have been removed)

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